Vertiv (VRT) Loses 10% in a Month: Should You Buy the Dip?

However, the second-quarter 2024 earnings results (Jul 24) reflected continued order momentum. Organic orders (excluding foreign exchange) surged 57% year over year, and the book-to-bill ratio was 1.4x in the second quarter. Year to date, VRT shares have surged 62.4% year to date, outperforming the broader Zacks Computer & Technology sector's return of 18.2% and the Zacks IT Services industry's gain of 0.9%. However, VRT stock is not so cheap, as the Value Style Score of D suggests a stretched valuation at ...